So I set up a 25 mh/s lifetime mining contract on genesis mining that I'm devoting to just mine via. I don't expect to see an ROI on it. I just want to support the network without buying hardware/running up my electric bills.
If you'd like to mine any coin in the cloud using Genesis Mining, I'd ask you use my affiliate code: JX0YpI
You'll save 2.5%, and you'll add to my mining power, which I will add to my via allocation.
Good way to support the network, not buy any hardware, while still being able to mine the most profitable coins you can (Genesis has an auto-allocate feature which will find/mine the most profitable alts at that moment)
I had my 10 mh account on btc auto payout but you convinced me. I put it back on via now.
That's the beauty of Genesis cloud mining over most the other cloud mining offerings, payouts are in the Alt coins you put your hashing power on. So you can mine VIACOIN while the price is low and build a tidy balance. I think the potential ROI is great because right now the price is low.
I've started a VIA Community site that could include more details about Mining Via. Also building on the community incentive reward program idea that's floating around. Could mining VIA be considered beneficial to the community and as such qualify to earn community incentive rewards ? Just an idea if anyone has any thoughts on that.
mh... we could think about a btc donation drive to buy some hashing power for via mining. The mined via could then used for community bounties. This would strenghen the network at the same time.